1. Top 10 CEX Tokens and 24-Hour Price Changes:
BTC: + 3.72%
TRUMP: + 22.95%
SOL: + 5.37%
ETH: + 2.13%
DOGE: + 4.84%
XRP: + 1.42%
PEPE: + 1.08%
SUI: + 4.73%
VTHO: + 208.90%
ADA: -0.59%
24-Hour Gainers (Data from OKX)
TRUMP: + 34.64%
CLV: + 32.72%
ELON: + 28.90%
S: + 22.04%
PRQ: + 15.10%
LQTY: + 14.81%
BANANA: + 11.21%
ULTI: + 11.16%
GOG: + 11.04%
WLD: + 10.11%
2. Top 5 Trending Meme Coins on-Chain (Data from GMGN):
Stargate
MOLLIE
HSM
IVANKA
clams
3. 24-Hour Trending Tokens
ZACHXBT: A Meme token named after on-chain investigator ZachXBT, who profited from adding liquidity pools and sparked controversy.
ROSS: A Meme token based on the "Free Ross" concept, as former President Trump promised to pardon Silk Road founder Ross Ulbricht.
Headlines
Trump Responds to Launching a Token: I Launched TRUMP but Don't Know if It's Profitable, Even Raising Billions of Dollars is Just a Drop in the Bucket for Tech Giants
Trump responded to launching a token: "I don't know if it (TRUMP) is profitable, I don't know much about it, I just know I launched it. I heard it's very successful." When a reporter said TRUMP had raised billions of dollars in the past few days, Trump joked, "Billions? That's just a drop in the bucket for these people," referring to SoftBank's Masayoshi Son, OpenAI's Sam Altman, and Oracle's Larry Ellison who were present at the time.
Trump Has Signed a Pardon for Dark Web Silk Road Founder Ross Ulbricht
Trump announced that he has signed a pardon for Dark Web Silk Road founder Ross Ulbricht.
US SEC: New Crypto Team to Develop Comprehensive Regulatory Framework
The U.S. Securities and Exchange Commission (SEC) said the new crypto team will work to develop a comprehensive and clear regulatory framework for crypto assets. Senior Advisor Gabbert and Asher are serving as the team's director and chief policy advisor, respectively.
Hester Peirce to Lead SEC's New Crypto Team
SEC Acting Chair Mark Uyeda has established a crypto-focused special working group, "dedicated to developing a comprehensive and clear regulatory framework for crypto asset products." Commissioner Hester Peirce will lead the team. The group's focus will be to help the Commission delineate clear regulatory boundaries, provide viable registration pathways, develop reasonable disclosure frameworks, and deploy enforcement resources judiciously.
Industry News
Canaan Releases Earnings Report: Expects $900-$1.1 Billion Revenue in 2025
On January 21, 2025, Canaan (NASDAQ: CAN) released its Bitcoin mining performance in December 2024 and financial guidance for fiscal year 2025. The company expects total revenue in fiscal year 2025 to be between $900 million and $1.1 billion. In December 2024, the company produced 62 Bitcoins.
Telegram Partners with TON Foundation, Will Stop Supporting Non-TON Blockchains and Cryptocurrencies
Telegram has reached a new partnership with the TON Foundation, where Telegram will stop supporting blockchains and cryptocurrencies other than TON. TON will become the sole blockchain infrastructure for Telegram's mini-app ecosystem, and Telegram will continue to only accept Toncoin for non-fiat currency payments (such as Telegram Stars, Telegram Premium, Telegram Ads, and Telegram Gateway). TON Connect will be the sole protocol for connecting Telegram mini-apps with blockchain wallets.
Riot Platforms, one of the leading publicly traded Bitcoin mining companies, is initiating a formal process to evaluate the feasibility of using the remaining approximately 600 megawatts (MW) of power capacity at its Corsicana, Texas facility for artificial intelligence and high-performance computing purposes.
The diversification of Bitcoin mining companies' businesses, from pure crypto mining to hosting AI and HPC infrastructure, has accelerated after the Bitcoin halving event in April 2024.
Binance Has Saved Users $1.75 Billion in Remittance Fees Since 2022
On January 21, Binance CEO Richard Teng revealed at the Davos Forum that Binance users have collectively saved up to $1.75 billion in remittance fees through instant crypto transfers between 2022 and 2024, with a total remittance volume of $26 billion.
In 2024, the average crypto remittance amount on the Binance platform was $470. Additionally, Binance data shows that over 500,000 female users participated in over $4 billion in domestic and international crypto remittances in 2024, further demonstrating the immense potential of crypto as a tool for financial inclusion and empowerment globally.
Project News
Jupiter: Airdrop Claim to Begin at 23:30 Beijing Time Today
Jupiter announced that the Jupuary airdrop claim will begin at 23:30 Beijing time today. The airdrop claim will last for three months, and users marked as witches can file an appeal after January 27. Users must create a Jupuary profile to claim the airdrop.
Aethir and the Avalanche Foundation have announced a strategic partnership to drive AI innovation within the Avalanche ecosystem. Aethir, with an annualized recurring revenue of $91 million and over 400,000 GPU containers, will leverage a $100 million ecosystem fund to provide computing resource support for AI innovation projects on Avalanche. Aethir will also join the infraBUIDL (AI) project committee to help select and support funded projects, promoting the integration of AI and decentralized infrastructure.
Investments and Financing
GRVT, a Crypto Exchange Based on ZKsync, Raises $5 Million
The venture capital firm Further Ventures, supported by the Abu Dhabi sovereign wealth fund ADQ, has invested $5 million in the ZKsync-based hybrid crypto exchange GRVT. GRVT recently launched the Alpha version of its mainnet, initially focusing on perpetual contract trading, with a current daily trading volume of $50 million and 800 active traders and 55 institutional clients.This round of financing brings GRVT's total funding to $14.3 million, which will be used to expand spot and options trading, upgrade its Bermuda crypto business license, and seek more regulatory approvals in the EU, Dubai, and Abu Dhabi. Additionally, GRVT plans to issue its token in the second half of 2025.
The Bitcoin ecosystem tokenization RWA protocol Hamilton has announced the completion of a $1.7 million seed round, led by DisrupTech Ventures, with participation from CMS, DeSpread, Hyperithm, Core Ventures, and other strategic investors.Hamilton will launch three flagship products: HUSD, a Bitcoin-native stablecoin backed by US Treasuries; HUST, a tokenized US Treasury; and Publius, a platform that empowers financial institutions to tokenize any asset on Bitcoin.
The TON ecosystem DeFi lending platform EVAA Protocol has completed a $2.5 million private placement, with Polymorphic, TON Ventures, Animoca Ventures, CMT Digital, Mythos Ventures, Wagmi Ventures, and several angel investors participating.
EVAA Protocol provides lending, borrowing, short, leveraged staking, and other DeFi services for the TON network. The platform aims to use the new funding to launch its native token EVAA, with the overall goal of expanding the DeFi landscape of TON.
Voices
Bank of America CEO: The financial industry is ready to adopt crypto payments if regulators approve
According to the Bank of America CEO, the financial industry is ready to adopt crypto payments if regulators approve.
Vitalik wrote: "I support providing ETH holders with a tool similar to anonymous broadcasting, where if you can prove via ZKP that you hold N ETH, you can post a message every (1.2 billion / N) seconds. This way, we can avoid social media volume distortion, but we can get the actual public voice representing the ETH holder community, and we can use our own technology.I hope Farcaster or Lens Protocol can establish smart contract-friendly logic so that the whole mechanism can run on their platforms without intermediaries. Everyone wins." Additionally, he stated that "the people who decide the new EF (Ethereum Foundation) leadership team are me. One of the goals of the ongoing reforms is to provide the EF with a 'proper board of directors', but until then, the decision power is mine."
